AMST vs QQQ: Correlation
Amesite Inc. (AMST) and Invesco QQQ Trust (QQQ) show a weak relationship: their 3-year correlation of weekly returns is 0.11.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMST and QQQ?
Across a 3-year window, the weekly returns of AMST and QQQ correlate at 0.11, weak. Recent behaviour matches the longer record: 0.03 over 1 year against 0.11 over 3. Stretching to 5 years gives 0.17, with an annualized covariance of 281.2 %².
QQQ is close to the least connected end of AMST's tracked universe, ranking #12 of 15. Correlation aside, the last 12 months split them widely, with QQQ ahead by 86.1 points (-59.8% versus +26.3%). One caveat on sizing: AMST is 6.4 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
AMST vs QQQ: side by side
| AMST (Amesite Inc.) | QQQ (Invesco QQQ Trust) | |
|---|---|---|
| 1-year return | -59.8% | +26.3% |
| 5-year return | -95.5% | +95.4% |
| Volatility (ann.) | 125.5% | 19.6% |
| Beta vs S&P 500 | 1.09 | 1.28 |
| Max drawdown (3Y) | -84.6% | -22.8% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.44% |
| Expense ratio | – | 0.18% |
| Assets under management | – | $452.8B |
| Sector / category | US Listed | ETF · US Growth & Tech |
QQQ is a Large Growth fund from Invesco: $452.8B under management, 104 holdings, a 0.18% expense ratio, a 0.44% trailing dividend yield.
Year-by-year returns
| Year | AMST | QQQ |
|---|---|---|
| 2022 | -83.0% | -32.6% |
| 2023 | +7.1% | +54.9% |
| 2024 | +111.1% | +25.6% |
| 2025 | -60.2% | +20.8% |
| 2026 | -42.3% | +17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMST and QQQ good diversifiers for each other?
Yes: at 0.11, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AMST and QQQ?
Using weekly returns as of 2026-08-27: 0.11 over 3 years, with 0.03 over the last year and 0.17 over 5 years.
Is QQQ a good diversifier for AMST?
Yes: at 0.11, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of 0.11 mean?
A reading of 0.11 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/amst-vs-qqq.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/amst-vs-qqq/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AMST correlations · QQQ correlations
